Marvet A. was born in Tadjikistan. She is a widow and a mother of four sons and one daughter, who was adopted by Marvet and is the most loving child. She graduated from a Linguistic institute and worked as a librarian. At the age of 21, Marvet got married and soon became the mother of four sons. In order to help her husband to cover expenses for their large family, she left her job and started her business in land cultivating.
In 1980, Marvet decided to make her dream come true – she adopted little girl, who became part of the big happy family. Unfortunately, in 1984 tragedy broke all the plans of Marvet’s family – her husband died in a car accident and she became the only bread-winner for her children. But Marvet didn’t lose her courage and has applied all her efforts to give her children all they need.
In order to find a better place to live in, in 1995 Marvet and her family moved to Kyrgyzstan, to Oktyabrskoe village. She worked as a milker and was rewarded with a little house by the local administration, where she lives today. In order to find a means of subsistence for her family, Marvet decided to engage in livestock breeding, starting with the purchase of one calf. She worked hard and managed to enlarge her farm to two milk cows and eighteen sheep. Her business generates a profit of 5,000 KGS a month from selling milk and meat products.
Now, Marvet has applied for a loan of 60,000 KGS to purchase two milk cows, which will allow her to increase milk sales. In the future, she dreams to purchase her own house in Karabalta town.
Bai-Tushum and Partners is one of the leading Microfinance Institutions in Kyrgyzstan. Bai-Tushum contributes to the economic development of the Kyrgyz Republic through the delivery of microfinance services in rural and urban areas that aim to increase employment and meet the interests of its clients and investors.
About Bai Tushum Bank CJSC
Bai Tushum Bank CJSC is a microfinance bank in Kyrgyzstan offering clients a range of products including loans for business development, trade, production, leasing, mortgage, consumption and more. Its portfolio is mostly comprised of group loans that cater to the broadest population of clients. Kiva lenders’ funds help the bank expand its services in remote areas to impact even more vulnerable communities in Kyrgyzstan.